Bankruptcy filings in the U.S. surged 37 percent in February from a year earlier, with more Americans seeking protection from their creditors as the economy sank into its deepest recession in at least a quarter century. Total filings for individuals ...

Tagged with: Automated Access to Court Electronic Records Bankruptcy Barack Obama economy Sal Guatieri stimulus

President Barack Obama signed into law one of the biggest economic rescue efforts in U.S. history, a $787 billion stimulus bill that he says will restore some of the jobs lost in the recession and secure future U.S. growth. “I ...

Tagged with: Barack Obama economy foreclosure recession stimulus

U.S. Rep. Russ Carnahan, D-Missouri, was in Festus on Monday to gain public support for the stimulus package proposed by President Barack Obama. The stimulus bill passed in the House last month and the Senate passed their version this week. Negotiations continue on a compromise between the two bills. Carnahan got plenty of support from a number of local leaders and state representatives, including Rep. Jeff Roorda, D-Barnhart, Rep. Ron Casey, D-Crystal City, County Executive Chuck Banks and Festus Mayor Earl Cook during a standing room only crowd at Festus City Hall.

Tagged with: Barack Obama Russ Carnahan stimulus

My senses and spirit tingled with the pure energy of possibility when I was in Chicago on Election Day on Nov. 4, 2008. So much history was being made. Hope was in the air, shared by millions. That golden moment ...

Tagged with: Barack Obama economy foreclosure income-tax rebate jobs stimulus

The U.S. economy is in the throes of a deepening recession and needs a really big dose of fiscal stimulus to help stabilize it. What it doesn’t need is efforts by congressional Republicans to limit the size of the package ...

Tagged with: Barack Obama Ben Bernanke economy Federal Reserve John Boehner stimulus

Federal Reserve Chairman Ben S. Bernanke warned that a fiscal stimulus won’t be enough to spur an economic recovery and that the government may need to buy or guarantee banks’ tainted assets to revive growth. “Fiscal actions are unlikely to ...

Tagged with: Barack Obama Ben Bernanke Federal Reserve Janet Tavakoli stimulus TARP

If it seems incongruous for elected officials to talk about budget discipline in the same breath as trillion-dollar deficits, it is. President-elect Barack Obama is being encouraged by economists of all stripes to err on the side of doing too ...

Tagged with: Barack Obama budget deficit stimulus

A new Congress with strengthened Democratic majorities convenes tomorrow with one overriding goal: speed. House Speaker Nancy Pelosi and other congressional leaders met behind closed doors this week with President-elect Barack Obama to start putting together an economic-recovery package that ...

Tagged with: Barack Obama Congress Mitch McConnell Nancy Pelosi Ross Baker stimulus

The year 2008 will be a title for books and movies and a serious subject for historians decades from now. Yet 2009 may be more important, shaping the conclusions those scholars reach and the role the U.S. plays in the ...

Tagged with: 100 days Barack Obama stimulus